Shipfusion Raises $40 Million in Growth Equity Funding

"eCommerce merchants need powerful technology to integrate their sales channels and inventory management systems, combined with meticulous warehouse execution that allows for flexibility and customization," says Brandon Luft, Shipfusions CEO and Co-Founder. In addition to established distribution centers in Chicago, Los Angeles, and Toronto, Shipfusion recently announced the launch of its 250,000+ square foot warehouse in Las Vegas, a growing hub for many leading logistics companies in North America. While Shipfusion services clients across a range of verticals, it has invested heavily into the health & supplement and food-related eCommerce market, offering temperature-controlled storage, special handling certifications, end-to-end lot tracking, and FDA-registered facilities. "The last thing we wanted to do was burn unnecessary capital in the early years by pursuing revenue for the sake of it - we felt that bootstrapping would establish proper discipline in the company and ultimately give us the most options down the road with investors or potential acquirers," says Luft. "Kayne Capital is an ideal partner due to their large success in both technology and supply chain investments, but more importantly, because we share similar perspectives on "healthy" growth."